Portugal strikes Jersey and Isle of Man off blacklist
Portugal’s government has removed Jersey, Isle of Man and Uruguay from its latest blacklist of jurisdictions.
Ex-Citibank HK banker penalised for copy-and-paste signature
A former Citibank senior personal banker in Hong Kong has been penalised for copying and pasting a client’s signature into a document to deceive the bank into accepting the signature as genuine.
First westerner charged over Singapore’s IMDB scandal
Swiss national Jens Sturzengger has become the first westerner to be charged by a Singapore court as part of the investigations into the 1Malaysia Development Bhd (1MDB) money laundering scandal.
Best Practice | 5 Jan 17
Uncovering stances on business ethics among advisers globally
Tricky ethical scenarios faced by financial advisers around the world who take part in the Chartered Institute for Securities & Investment’s integrity-based workshops show some fascinating trends, says Rebecca Doodson, CISI’s manager of ethics and integrity.
EU regulators under fire as email of ex-UK rep revealed
The widespread distribution models in many European countries are not understood properly by the European Securities & Markets Authority (Esma), making parts of its new product governance rules “unworkable” for financial advisers, according to Fecif’s secretary general Paul Stanfield.